Mesa AZ Housing Market Trends Report July 2018

Swee Ng

6 years ago

Mesa AZ Housing Market Trends Report July 2018, Statistics and House Value

Here are Mesa AZ housing market update July 2018 for single family detached home and statistics. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Mesa AZ provided by the FlexMLS system.

July 2018 Mesa AZ Real Estate Housing Market Update Highlight:

New listing had increased about 4.3% from July 2017
July 2018 average sold price for single family home in Mesa was $309,002 and had increased about 9.6% from a year ago
Median sold price in July 2018 was $275,000, which had increased about 7.8% from a year ago
about 99% of single family home sold in Mesa in July 2018 are regular sales
Most expansive home sold in July 2018 was sold for $1,250,000

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July 2018 Mesa AZ Housing Closed Sales Report Analysis

Based on closed sale statistic in July 2018, we saw 641 single family homes sold in Mesa, compare to last year 625. In July 2018, we saw 45 days on market (DOM), compare to 55 in a year ago. It took average 45 days to get your Mesa single family home sold in July 2018.

2018 July Single Family Homes Median Sold Price in Mesa

July 2018 median sold price for single family home in Mesa was $275,000. Compare to a year ago, July 2017 median sold price was $255,000.The median sold price for single family home in Mesa had appreciates about 7.8% from a year ago.

July 2018 Mesa Median Sold Price was $275,000
Click here to view Homes for Sale in Mesa AZ Under $275,000

Mesa AZ July 2018 Single Family Homes Average Sold Price

2018 July average sold price for single family homes in Mesa AZ is $309,002. Compare to last year July at $282,002, the average sold price has increased about 9.6% from a year ago. There are 5 million dollar listings homes sold in July 2018 in Mesa AZ.

July 2018 Mesa Average Sold Price was $309,002
Click here to view Homes for Sale in Mesa AZ Under $300,000
The price per square feet for July 2018 in Mesa is $156.00 per square feet.

Based on statistics on both of median sold price and average sold price statistics, buyers are paying more for a single family homes in Mesa AZ compare to a year ago.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

Also Read: How rising interest rates will impact housing affordability?

Wondering how much house you can afford?

Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling Your Home in Mesa AZ

Contact or call Swee Ng at 480.721.6253 today to discuss your potential Mesa AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

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Swee Ng, Realtor specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams. If you are looking to buy or sell your home in Mesa AZ area, I would like the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.

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Summary

Article Name

Mesa AZ Housing Market Trends Report July 2018

Description

Mesa AZ Housing Market Trends Report July 2018, Statistics and House Value. July 2018 average sold price for single family home in Mesa was $309,002 and had increased about 9.6% from a year ago.

Author

Swee Ng

Publisher Name

Swee Ng Realtor® with HomeSmart

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